Causal forecasts
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Causal forecasts are forecasts developed by studying the cause-and-effect relationships between variables: for example, housing starts might have a causal effect on the demand for private mortgage insurance.
Definitions
According to Product Manager's Handbook by Gorchels (2nd edition),
- Causal forecasts. Forecasts developed by studying the cause-and-effect relationships between variables: for example, housing starts might have a causal effect on the demand for private mortgage insurance.
